SORL Auto Parts, Inc. acquired Sensus Precision Die Casting Co., Ltd. from Xylem Inc..
December 30, 2018
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SORL Auto Parts, Inc. acquired Sensus Precision Die Casting (Yangzhou) Co., Ltd. from Xylem Inc. (NYSE:XYL) in 2018. EC Mergers & Acquisitions acted as financial advisor for Xylem Inc.
SORL Auto Parts, Inc. completed the acquisition of Sensus Precision Die Casting (Yangzhou) Co., Ltd. from Xylem Inc. (NYSE:XYL) in 2018.
Xylem Inc. specializes in the design, manufacturing and marketing of engineered equipment for water and wastewater industries. Net sales break down by activity as follows:
- sale of transportation and water treatment systems (42.6%): Flygt, Wedeco, Godwin Pumps, WTW, Sanitaire, AADI and Leopold brands;
- sale of hydraulic equipment (29.4%): booster devices, pumps, valves, heat exchangers, distribution and control equipment, etc. sold under the Goulds, Bell & Gossett, AC Fire, Standard, Flojet, Lowara, Jabsco and Flowtronex brands for the agricultural, industrial, commercial and residential sectors;
- sale of measurement and control systems and analytical instruments (28%): dedicated to the conservation of water resources and water testing.
Net sales are distributed geographically as follows: the United States (47.1%), Europe (28.8%), Asia/Pacific (12.7%) and other (11.4%).
XYLEM INC. 
